Question
Which of the following is not a feature of perfect
competition?Solution
Homogeneous products, easy entry/exit, and a large number of buyers and sellers are defining characteristics of perfect competition. "Low prices" is an outcome or a potential result of the competitive structure, not a defining feature of the market structure itself. Prices are determined by the market forces of supply and demand.
In the Union Budget 2025, a special scheme was announced to support which sector?
A company reports an Earnings Before Interest and Tax (EBIT) of ₹6,00,000. It pays annual interest of ₹1,00,000 on its borrowings. The applicable co...
Which of the following is not a correct feature of a microfinance loan as per RBI’s directions?
Which of the following instrument is subject to counter party risk?
When a stressed loan is sold or transferred by a lender to an Asset Reconstruction Company (ARC) at a price below its Net Book Value (NBV), what account...
……………… cost is a criterion cost which may be used as a yardstick to measure the efficiency with which actual cost has been incurred.
...Which risk is a bank facing due to the mismatch between its assets and liabilities tenure?
Within how many days an employee can apply for gratuity from the date when gratuity becomes payable?
- Mr. A has the following incomes during the year:
- Income from Salary: ₹4,00,000
- Income from House Property (net after deductions): �...
As per the RBI’s discussion paper on the introduction of the Expected Credit Loss (ECL) framework for provisioning by banks, to which category would t...